Judge nixes Winklevoss twin's Facebook lawsuit

Cameron (L) and Tyler Winklevoss
Cameron (L) and Tyler Winklevoss leave the US Court of Appeals in January 2011 in San Francisco, California. A US judge on Friday blocked the latest courtroom campaign by the Winklevoss brothers to undo a deal they made to settle a squabble over who came up with the idea for Facebook.

A US judge on Friday blocked the latest courtroom campaign by Tyler and Cameron Winklevoss to undo a deal they made to settle a squabble over who came up with the idea for Facebook.

US Douglas Woodlock in Boston granted a request by Facebook that the case there be dismissed. The judge's terse written order did not outline the reasoning behind his decision.

The twin brothers and fellow ConnectU founder Divya Narendra last month ramped up litigation in Massachusetts accusing Facebook of duping them in a deal they made in a lawsuit charging that stole their idea.

Lawyers for the Winklevosses tried to renew the languishing civil case in Boston after similarly-themed litigation failed in California and they opted not to appeal it to the Supreme Court.

"These are old and baseless allegations that have been considered and rejected previously by the courts," Facebook attorney Neel Chatterjee said when the litigation in Boston was revived.

The Winklevoss lawyers were expected to ask that the Boston case be reopened on the basis of a rule allowing that to happen if key information has been withheld.

The twins have argued that held back information about the California-based firm while reaching a $65 million settlement with the brothers.

The twins inked a settlement two years ago that got them $20 million in cash and $45 million worth of stock valued at $36 per share.

The value of that yet-to-be-issued stock has skyrocketed along with Facebook's estimated market value.

The US 9th Circuit in May rejected a bid by the identical twin brothers to have a full panel of 11 judges second guess a ruling made by a three-justice panel.

The three-judge panel said that litigation in the case "must come to an end" and threw out the bid by the Winklevosses to review the settlement.


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Citation: Judge nixes Winklevoss twin's Facebook lawsuit (2011, July 23) retrieved 24 June 2019 from https://phys.org/news/2011-07-nixes-winklevoss-twin-facebook-lawsuit.html
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Jul 23, 2011
"The twins inked a settlement two years ago that got them $20 million in cash and $45 million worth of stock valued at $36 per share."

And they are STILL complaining?? Some people just can't ever appreciate what they have until they have yours. And there is a word for those people. Douchebags.

Jul 28, 2011
@Tangent2
My thoughts exactly.

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